Mises Wire

Is the US Banking Crisis Over? It Has Barely Begun

Booms and BustsThe FedMoney and BanksU.S. Economy

Blog06/02/2023

Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.

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Individualism in the US Has Helped Make It an Economic Success

Economic FreedomThe EntrepreneurMedia and Culture

Blog05/31/2023

Individualism, while condemned in some cultures, has helped make this country economically successful. Will the influx of immigrants from cultures that devalue individualism reverse that success?

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In the Event of an Official US Bankruptcy

Taxes and SpendingU.S. Economy

Blog05/12/2023

Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go?

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Is There an Optimum Growth Rate of Money?

InflationMonetary PolicyInterventionismMonetary TheoryMoney and Banking

Blog05/10/2023

Monetarists believe there is an optimum growth rate of money. However, a fiat money system itself is unstable, so there is no optimum growth rate.

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Is Social Justice Just? A Review

Media and CulturePhilosophy and MethodologySubjectivismValue and Exchange

Blog05/05/2023

Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?

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It’s Not Paranoid to Worry about a Central Bank Digital Currency

Money and BanksThe Police StateMoney and Banking

Blog04/17/2023

Contrary to Krugman, DeSantis and others warning about a CBDC aren’t being paranoid: they are simply drawing the obvious conclusions from history.

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Invading Mexico in the Name of the Drug War Is a Really Bad Idea

The Police StateWar and Foreign Policy

Blog04/10/2023

Sen. Lindsey Graham recently called for US military intervention in Mexico to fight the drug cartels. Someone needs to remind him that Mexico is a sovereign country.

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If at First You Don't Secede . . .

PoliticsSecessionU.S. History

Blog04/07/2023

David Gordon explores how Abraham Lincoln's stated view on secession was fundamentally Hobbesian, cynical, and violent. 

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